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, stagflation. in 1980, a very, very different president got elected. ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax bu
, it tried to put facts behind ronald reagan saying we fought a war on poverty and poverty won. he basically argued the welfare state had hurt poor people particularly african-americans by discouraging marriage, encouraging laziness, encouraging people to have children out-of-wedlock. he put all the blame on poverty programs. as i was writing this book charles murray writes another book called coming apart:the state of white america and charles murray is now basically saying the same thing about white lower class, really working class men, white men, that he was saying about african-americans in the 80s, that they are working less and getting married less frequently not because of any change in the economy or in culture but because they can be supported by government. he also blamed feminism and that is very interesting. he really has an analysis that says working-class white people struggling because they are lazy and don't get married and hook up. so i started to think white people are starting to say the same thing about you, so mitt romney's 47% remark where he was talking about a majori
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